New Delhi, Nov. 10 -- The Enforcement Directorate (ED) on Tuesday said it has attached immovable properties worth Rs 18.33 crore of Kallam Peri Reddy and his family members as well as associates in the case of Kallam Modern Rice Mills Pvt Ltd and others in an ongoing money laundering case.

ED attached 50 immovable properties valued at Rs 16.88 crore and five flats valued at Rs 1.45 crore, totalling Rs 18.33 crore, located in Andhra Pradesh and Telangana, as Proceeds of Crime under the Prevention of Money Laundering Act, 2002 or as equivalent value thereof.

ED's Visakhapatnam sub-zonal office attached the immovable properties under the PMLA.

ED investigation was initiated on the basis of First Information Report (FIR) registered by the ...